US AAA–AA Non-Callable Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-aaa-aa-oil-gas-non-callable
US AAA–AA Non-Callable Oil & Gas Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.47%, fitted curve 9M–40Y (4.44%–6.75%), 34 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 9M | 4.44% | — |
| 12M | 4.48% | 4.61% |
| 18M | 4.59% | 4.80% |
| 2Y | 4.71% | 5.08% |
| 3Y | 4.91% | 5.31% |
| 4Y | 5.03% | 5.37% |
| 5Y | 5.11% | 5.44% |
| 6Y | 5.19% | 5.57% |
| 8Y | 5.33% | 5.78% |
| 9Y | 5.40% | 5.97% |
| 10Y | 5.47% | 6.10% |
| 15Y | 5.79% | 6.43% |
| 20Y | 6.06% | 6.86% |
| 25Y | 6.27% | 7.13% |
| 30Y | 6.52% | 7.77% |
| 40Y | 6.75% | 7.43% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.71% and the 10-year 5.47%, a 10Y−2Y spread of +76 bp — positively sloped — as of 2026-07-27. The chart and table below track how they have moved.
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 |
|---|---|---|---|---|---|
| 2Y | 4.71% | — | — | — | — |
| 10Y | 5.47% | 5.16% | 5.38% | 5.10% | 5.47% |
| 10Y − 2Y | +76 bp | — | — | — | — |
Bonds in this curve
A selection of 30 of the 42 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Korea National OIL Corp | 4.44% | 2027-03-27 | 3.38% | US50066RAG11 |
| Equinor ASA | 4.60% | 2027-09-23 | 7.25% | US656531AM27 |
| Chevron USA INC | 4.52% | 2028-01-15 | 3.85% | US166756AR79 |
| Equinor ASA | 4.41% | 2029-01-15 | 7.15% | US656531AJ97 |
| Saudi Arabian OIL Company | 4.99% | 2029-02-02 | 4.00% | XS3283469313 |
| Saudi Arabian OIL Company | 5.01% | 2029-04-16 | 3.50% | XS1982113208 |
| Adnoc Murban RSC LTD | 5.29% | 2029-09-11 | 4.25% | XS2898198358 |
| Chevron USA INC | 4.65% | 2029-10-15 | 3.25% | US166756AS52 |
| Saudi Arabian OIL Company | 5.32% | 2030-06-02 | 4.75% | XS3084344863 |
| Pioneer Natural Resources CO. | 4.93% | 2030-08-15 | 1.90% | US723787AQ06 |
| Korea National OIL Corp | 4.91% | 2030-10-05 | 1.62% | US50066RAN61 |
| Saudi Arabian OIL Company | 5.12% | 2031-02-02 | 4.38% | XS3282974933 |
| Korea National OIL Corp | 4.93% | 2031-04-07 | 2.38% | US50066RAQ92 |
| Korea National OIL Corp | 5.01% | 2032-04-18 | 2.62% | US50066RAT32 |
| Saudi Arabian OIL Company | 5.45% | 2034-07-17 | 5.25% | XS2861550817 |
| Adnoc Murban RSC LTD | 5.42% | 2034-09-11 | 4.50% | XS2898198432 |
| Saudi Arabian OIL Company | 5.65% | 2035-06-02 | 5.38% | XS3084344947 |
| Saudi Arabian OIL Company | 5.54% | 2036-02-02 | 5.00% | XS3282975583 |
| XTO Energy INC | 5.50% | 2036-04-01 | 6.10% | US98385XAJ54 |
| Saudi Arabian OIL Company | 5.85% | 2039-04-16 | 4.25% | XS1982113463 |
| Chevron USA INC | 5.40% | 2041-03-01 | 6.00% | US166756AT36 |
| Chevron USA INC | 5.64% | 2043-11-15 | 5.25% | US166756AU09 |
| Chevron USA INC | 5.82% | 2044-11-15 | 5.05% | US166756AV81 |
| Saudi Arabian OIL Company | 6.34% | 2049-04-16 | 4.38% | XS1982116136 |
| Equinor ASA | 5.89% | 2049-11-18 | 3.25% | US29446MAC64 |
| Saudi Arabian OIL Company | 6.28% | 2050-11-24 | 3.25% | XS2262853349 |
| Saudi Arabian OIL Company | 6.46% | 2054-07-17 | 5.75% | XS2861551898 |
| Adnoc Murban RSC LTD | 6.24% | 2054-09-11 | 5.12% | XS2898198515 |
| Saudi Arabian OIL Company | 6.54% | 2055-06-02 | 6.38% | XS3084345241 |
| Saudi Arabian OIL Company | 6.67% | 2064-07-17 | 5.88% | XS2861555964 |